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term. when barack obama was elected the first time, they summed it up with this head line. "black man given nation's worst job." that was for the start of his first term. might be more apt for second term. the second term is when the job turns out to be a difficult job for presidents. if you go back to woodrow wilson in his second term trying to join the league of nations, that was pretty much the end of wilson. that was his second term. when it was truman in his second term during the korean war, he fired general mcarthur. the country responded by throwing parades for the general who got fired. and harry truman left office with approval ratings that dick cheney would kill for, but for everyone else would see that as a disaster. second terms are almost always seen as a disaster, then at least when the big disappointments happen and often the failures. when the soviet union beat us, when the soviet union beat the united states to put the first space satellite into orbit, when no nation had put something like that -- up in space and had it stick there and the soviets did it first with s
-to-face meeting since the election and oh, to be a fly on the wall. makes you wonder if they'll be talking about this, the austerity crisis, better known as the fiscal cliff facing washington and the country. this hour president obama will speak live at the white house flanked by middle-class families whose household budgets depend on congress reaching a deal by january 1st. his latest effort to use his bully pulpit. nearby on capitol hill, both parties are meeting behind closed doors at this very minute. each side hashing out where they are willing to compromise and where they are drawing the line in the sand. >>> the other big story we're watching for you, a second round of sitdowns for united nations ambassador susan rice, who's in an all-out campaign of her own to face her critics. after three republicans issued blistering comments yesterday, this morning rice is meeting with republican senator susan collins of maine and in an hour is expected to meet with senator bob corker of tennessee. rice's harshest krit eks are still vowing to block her potential nomination as next secretary of state.
. let me give you the phone numbers again. how did you vote in the last election? did you vote with the intention of one-party rule in your state legislature? what are your priorities, if so? let me read this -- on a federal level, folks believe a divided government has republicans in control of the house and democrats in control of the senate and president obama reelected to a second term in the white house. on a federal level, people believed compromise is possible. not so, says the new york times, on the state level. what are your thoughts on this? we also posted the question on our facebook page. we have a couple comments -- you can post your comments as well on facebook if you want to participate that way, or send us an e-mail or a tweet. this is inside the new york times and they have a chart showing the outcomes of the 2012 elections -- that's how it breaks down. norma is a democrat in st. petersburg, florida. what is your state legislature like and what are your priorities? caller: i voted democratic. i believe that obama offered than did the republican party. the candi
had. it is where they were before the election. they gotta wake up and see the election, change things and they actually have to meet democrats somewhere in the middle. >> bill: i would hope. i would hope. new york times this morning, front page of the business section in terms of closing loopholes, romney was never specific about which one. new york times is saying that they know -- now we know one of the ones they're targeting. the headline is a tax break once sacred is now seen as vulnerable. what they're talking about is the mortgage interest deduction. there was no doubt it is on the table. it is one they're targeting rather than raise tax rates on the wealthy, they're going to either limit or get rid of the mortgage interest deduction. which is the most popular one. >> the most popular one. politically difficult i think. that's really the problem with romney's entire approach that said we'll just create revenue by closing loopholes. you go down the list of the largest loopholes and pretty quickly, you get to
approach on the fiscal cliff, saying the elect is over. it's time to stop campaigning and start talk. some republicans are telling the president, show us your hand. martha: not over the cliff yet but perhaps headed there. good morning. i'm martha maccallum. the minority leader mitch mcconnell called the president out for what he says is a campaign-style blitz instead of negotiations between both sides. >> rather than sitting down with lawmakers and working out an agreement he's back on the campaign trail. we are not going to solve this problem by creating villians and drumming up outrage. >> he will be out trying to i'm sure zero in on those states represented by members of the house and the senate to try to get public support. bill: democrats upping the ante, looking to raise taxes, protect entitlements and raise the debt ceiling all at the same time. stuart varney, hello, there, sir. you think there has been a shift in those negotiations. >> i don't mean a shift in position. i mean a shift in focus, what they are focusing in on on the last couple days it's been taxes now it seems to be w
'hanlon and jonathan landay. >>> elections have consequences, i say it all the time. and the democrats are feeling emboldened. they want to see taxes go up on the rich. they want to protect programs like medicare and medicaid. will they give president obama room to negotiate some kind of deal that gets through this hell coming january 1st. they say they won, the other side lost, they're going to fight. >>> plus democrats are moving to end the so-called silent filibuster which republicans have used to quietly say if you don't have 60 votes, you ain't going nowhere. this is the big question, if they're successful, it's possible, it's possible the democrats will be able to get some things done. we'll talk about that in a minute. they're going to be just like jimmy stewart finally. they're going to force them to actually filibuster like they did in "mr. smith goes to washington." anytime they really want to shut down the senate. >>> and the democrats considered least likely to win back her senate seat beats the odds, and i think thanks to todd akin, and is back for a second term. our friend, the great
stayed with them as a colleague during the civil war and after grant was elected president initially appointed washburn secretary of state and washburn became very ill, after ten days he submitted his resignation to president grant show grant regretfully had his resignation and he regained his health which was always very fragile and grant the then offered him the position as minister of france, ambassador of france. >> michael hill on washburn, minister to france in the 1870 franco prussian war, and the only power of the state providing political and humanitarian support. q&a sunday night at 8:00 on c-span. >> now a discussion on entrepreneurship, immigration reform and innovation. economist douglas holtz-eakin and aol co-founder steve case, at the aspen institute for 30 minutes. >> next we have a panel on america and where it is going, steve clemens -- steve clemons is the empress area of washington ideas. >> hey, folks. everybody is running to the thompson reuters counter. thank you for joining us. great to be with you. i am steve -- steve clemons, editor of large of the atlantic,
'm not obligated on the pledge. i was just elected. the only thing i'm honoring is the oath that i take that i've sworn in in january. >> that is the sound of cracks forming in grover norquist's facade. he's the guy who gets republicans to sign a pledge that they will never ever under any circumstances raise taxes. but with the fiscal cliff looming, there's a growing consensus that taxes may have to go up. norquist said those who reneged would pay a price. >> would you target some of them? >> we would certainly highlight who has kept their commitment and who hasn't. >> fortunately for grover, but unfortunately for those who want everyone to contribute their fair share there are plenty of republicans caught in the pass, plenty who can't accept that president obama won reelection >> there are some republicans who recognize they did lose and that new revenue new tax revenue will have to be part of any deficit deal. i noticed mitch mcconnell's talked about tax rates. he's going to insist that tax rates not go any higher. you've got the mathematicians trying to raise the numbers. you can exact the
an election. these were the issues in the election. what organized labor is doing is urging this administration to stand tall. that was the message that was delivered today. we won and these were the issues. they wanted to send you a voucher for your medicare. they want to reform basically everything and take it away. we won the election. now we have to stand tall to make sure we protect the safety net of medicare and medicaid. we should stand tall. there's no sense kicking the can down the line. what they are doing is trying to hold the 98% hostage for the 2% who aren't paying their fair share. every american realizes the rich should pay more money. that's the message we have to deliver. if they are playing that game, it's a losing hand and we're on the right side of this. i think we should say this is what it is. let's have reform. let's make sure we keep tax cuts for 98% of the people. but the 2% have to pay their fair share. >> but mr. hoffa, if we go off the fiscal cliff, you're prepared to do that. that would hurt a lot of your members. are your members, do you think m
times to -- in 105 times to change tallies on election night. which explains his refusal to accept the results. if karl rove doesn't resign, the evidence goes to a certain painfully bored nemesis hanging out in an embassy in london. [ ♪ dramatic ♪ ] >> but more importantly, they're going to give the evidence to the fbi. >> stephanie: the frog marching of karl rove might happen. >> in 2004, at 11:13, all of the servers crashed and it bounced to another server in tennessee. the votes came back suddenly. kerry was leading in a landslide. >> stephanie: i'm not a constitutional scholar which i know shocks both of you. can john kerry be retroactively named president after president obama? >> no. >> stephanie: why not? >> because. >> stephanie: okay. >> no, he can't be. >> stephanie: fine, you're constitutional scholars but i'm not. >> the server crashed at 11:13 they bounced over to -- i don't know where they went -- but they were able to keep them from flipping the votes. that's why rove was so stunned
, caught up with polls. resort have seen in this election cycle. and i think with latinos we cite polling with specific issues but is that a better understanding of where they're coming from you will get an understanding of why they're answering the questions that way. but i believe with the latino community, we lost the latino vote because of immigration. if we would have a better position on immigration, from the get-go, from the primary governor romney would've been competitive and it would've been competitive in those battleground states where the latino vote was decisive. and, finally, we have to stop being rockefeller republicans. we are not the party of the 47%. you know, when governor romney said what he did last week that obama won because it gives to latinos and other minorities, that's insulting. latinas didn't vote for obama because obamacare. i think he is engaging obama in the same type of class warfare discussion that obama wants to have. i think we have to go back to the conservative populism of ronald reagan, which is to talk about the economy. but i would say something i
an election. >> ambassador rice said today absolutely it was wrong. i don't understand the cia said clearly that information was wrong. and they knew by the 22nd it was wrong. yet, they have not cleared that up with the american people. >> in a statement just now, susan rice admits that the initial information about a protest in benghazi was incorrect, but says no one intended to mislead the public. business as usual, congress is back and picks up just where it left off. stalemated over tax rates and entitlement spending. >> unfortunately, there's one obstacle standing between congress and compromise, grover norquist. for years, norquist has bullied lawmakers willing to put their oath of office or promise to serve constituents ahead of their pledge to this anti-tax zell lot. >> the washington democrats, every dollar that's ever been secured for anything is sacred. every dollar secured for anything is sacred. and they'll defend it to the death regardless of what it means for jobs, or the economy. >>> coming up here, the it's top economic adviser alan krueger. clashes in cairo today, more pro
. after the election, the speaker did say increased revenues were acceptable if coupled with entitlement reform. but will it be supported in the house? that's where grover is seen as more of a legend than a lobbyist. some are signaling the tax debate does not start and end with this old pledge. eric cantor, who was adamant last time about opposing any revenue increase hit that note on msnbc just this morning. >> there's a lot that has been said about this pledge, and i will tell you when i go to the constituents that have re-elected me, it is not about that pledge, it really is about trying to solve problems. john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something
, this is unprecedented whether right or wrong, but it's something that was done not only during the elections, but a statement made by the president more than once, and i think it was in connection of promises made also to the israeli prime minister. how, will president obama fulfill the promise? wiggle out of it? absolutely implement it whether it's militarily or through containment policy, and what are they doing from my point of view, one of the reasons or a fascinating part about the gaza operation is that, a, they are giving hamas a lead in creating the new dynamics or dictating dynamics in an alliance of the muslim brotherhood leadership's be it in egypt or turkey, and it's probably the move to undermind the palestinian authority because he's going to the united nations asking for the status of the states, observer state, but the change of subject, at least by the israelis away from iran and syria, on to gaza, to me, is a very fascinating development. is it temporary or going to be an ongoing -- how long is that change of subject? sometimes leaders and security people know better. they
. >> stephanie: good morning. >> caller: i would just like to say as opposed to past elections, wall street was all in with romney. they didn't split their conviction as usual. >> stephanie: right. >> caller: yeah, so instead of fighting them for a tax increase on the top 2% that america supports, let's gently go over that fiscal slope and then. >> stephanie: it's more like a fiscal bunny hill. i think with a good flying sauce as her weeding fine and go right into january. >> caller: fuzzy too right? >> stephanie: yeah. >> caller: gently go over to face asking slope and give 98% of americans a tax decrease and everybody will get what the american people wanted. >> stephanie: yeah within i have to say we're going to have a big discussion about this this morning. there's a lot of interesting different sides you're with patrick murray. senator murray is saying it's not a cliff it's a slope. he's saying it can be fixed fairly quickly in january. >> what we don't want is extending the bush tax cuts again, because that's what put us into this situation in the first place. >> stephanie: eric canto
president obama getting ready to hold his first cabinet meeting since being re-elected. and keep in mind, some members of that cabinet, they will not be there for long. but first, the fiscal cliff battle here that landed in your lap today. president obama, even wants you to tweet about it. the president went full court press asking americans to pressure congress to keep middle class tax cuts for families earning $250,000 or less. >> it is too important for washington to screw this up. now is the time for us to work on what we all agree to, which is let's keep middle class taxes low. tweet, use the hashag my2k or e-mail, post it on a member of congress' facebook wall, do what it takes to communicate a sense of urgency. i'll sign this bill as soon as congress sends it my way. i got to repeat, i've got a pen. i'm ready to sign it. so -- >> the president wants republicans to first agree to keep the middle class tax cuts, and then he wants to move on and tackle the rest of the fiscal cliff problems. do not count on groundswell of republican support. in fact, one republican, congressman tom co
post election lame duck session and talk about lame, if the senate doesn't act here, if the house doesn't act, if the president doesn't act, in unison, your taxes are going up come january 1st to help raise revenue to pay down the national debt. stay with me here for a moment because we'll show you exactly, you know, how much your taxes will be rising. but here's the thing. it doesn't have to happen, this predetermined jump in income taxes and the new parlor game on capitol hill is to pick the next republican, follow me here who is willing to break a no tax pledge made to a very powerful lobbyist, in order to cut a deal with the democrats to focus the pain of new taxes on the wealthy. see this picture? see these three guys. here is yet another republican speaking just this morning. >> i'm not obligated on the pledge. i made tennesseans aware i was just elected that the only thing i'm honoring is the oath that i take when i serve when i'm sworn in this january. >> so republican senator bob corker is saying his oath of office trumps any no tax pledge made to washington lobbyist grover nor
was elected president, he initially appointed washburn secretary of state and at that time, wash burn became very, very ill and his family feared for his life. after 10 days, he submitted his resignation and grant regretfully accepted his resignation. over the next several months, he regained his health, which was always very fragile. and so grant then offered him the position as minister to france. >> researcher and author michael hill. washburn, minister to france and only diplomat to stay during the siege of pars -- par is. sunday night at 8:00 on c-span. a conversation now with the founder and president of americans for tax reform, grover norquist. he is the person who got some members of congress to sign a pledge to not sign taxes. a number of republicans said they are willing to vote for a tax increase. this is just under an hour. >> thank you for coming out. two weeks in a row, thank you very much for coming out and we will have another one next wednesday and we appreciate you being here. grover norquist, president of americans for tax reform. people who are following us on twitter, j
. [indiscernible] >> what matters is japan has an election december 16 and -- may be back. that was his strategy that if you put together a things -- i want to hear what you think -- i know you cannot talk one way or another about the prime ministers in your position, but this japan really need to invest in structures that balance -- are you worried, given your experience, you have to balance china much more vigorously than in the past? >> yes, most frequently asked questions for diplomats in japan is do we see china as a threat? our answer is, we would like to see china develop as a chance and not a threat. >> what do you think will really happen? what's there is the assumption that china continues to be an international stakeholder in the international community and respect the international order with other countries. on the assumption i think we can lock them china's advancement, the development in order to maintain the prosperity of east asia, while asia-pacific as a whole, it turned is very critical element. we want to embrace of china as a kind of source of the prosperity in the region. i
seeking re-election. >>> and now for a look at your national weather, let's turn to nbc meteorologist bill karins. he's tracking that weather channel forecast. good morning to you, bill. >> sensitive topic when you start comparing storms to katrina and all these. >> it does. >> it's like any big event. >> absolutely. >> yeah, over 1,000 people died and monetarily there's issued. every storm is different as we learned with sandy and all the other big hurricanes that have hit this country. we're not dealing with anything too bad today. if you have travel plans on the east coast, pay attention because as you go to work, no issues. but as you come home, you could be doing it in the snow in a few spots. we're going to watch temperatures closely because notice how cold it is up there in albany, hartford and boston. in any snow does fall, it probably wouldn't accumulate on the pavement. still hovering around 40. so whatever falls should melt throughout the morning and especially during the afternoon. here's the winter radar. this is our little weak storm. the white shows you where the snow is. th
moving lower. the sector began to take a hit following the election, and has yet to find its footing. liz: take a look at nat gas. they're all moving lower. the expectation of warmer weather across much of the u.s. means less usage of natural gas, particularly in the northern midwest and we were going to get snow tomorrow under an inch. david: and we are seeing weakness the department store stocks. macy's and nordstrom's underperforming in that particular sector. liz: how about some jewelry for the holidays. a rough year, but today it is making a huge push to get consumers to buy diamonds and fine jewelry. president and ceo harvey cantor here live to tell us what those deals are including a huge giveaway they're doing and how we are doing and what kind of a halo effect they're having on the giveaway. david: and economic advisors warning middle-class tax rates to rise and failing to catch could cause consumers to spend $200 million less than they normally would next year. coming up chairman of the president's council of economic advisors joining us to talk about the fiscal cliff and whethe
that they lost -- they tried to sell their ideas to the american people. they lost the election. so is the president right of going on the road? absolutely! i'm glad to see him do it. you know what? you know what he's doing? exactly what ronald reagan did! >> whoa, whoa, careful, bill! how dare you invoke the name the holy one! >> bill: that's exactly -- i think the president is right on. how about you. 1-866-55-press. let's talk about it. >> announcer: this is the "bill press show." live on your radio and current tv. [ ♪ theme ♪ ] >> announcer: heard around the country and seen on current tv this is the "bill press show." >> bill: 24 minutes after the hour. congresswoman karen bass joining us in studio in the next segment. we're talking about president obama taking his show on the road to get the support of the american people for a tax cut -- you wouldn't think you would have to go out and put pressure on congress to give 98% of americans a tax cut. but it shows you how out of touch with the american people,
house. their first post-election meeting, jon. jon: wow! what is the latest from republicans on what the president has to say today? >> reporter: speaker john boehner just had a news conference on capitol hill and he expressed frustration because he is saying look, republicans put some tax revenues on the table but what they see the democratic side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving
. the president said in his press conference right after the election that his number one priority is jobs and the economy. we agree with that. but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing that for the last three months. you've been about this fiscal cliff for a year and a half. now the president is going out to do, as you say, campaigning. the press secretary says there will be a meeting between leaders at the appropriate time. the appropriate time seems like pretty much right now. >> well, it is. what you're seeing by the president and democrats is an attempt to run out the clock. i think they think they gain leverage if the pressure builds toward the end of t
may recall very quickly here that during his first white house news conference after his re-election, president obama took exception to republican senators critical of rice saying, quote if they want to come after anyone, they should come after him, after me. bill: he said it with force. kelly, thank you. waiting on the meeting in washington. martha: ambassador rice, reportedly as we were saying one of the top candidates to replace secretary of state hillary clinton and the president seemed to lay down the gauntlet to senators mccain and graham if the first news confriends after the election. kelly referred to this moment. let's look at it from november the 14th. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. martha: that is really the feistiest moment of that news conference. the president, who you see here, with ambassador susan rice and former president bill clinton and others they are described as close and president obama made it clear that republican opposition from will not keep him from nominating her for second irat tha
, a great commissioner of education in indiana who lost his election -- [applause] >> and doing what's right, doing what's right is not necessarily politically rewarding all the time. that's not why we do this. but it is the right thing to do to transform our system of compensation and evaluation for teachers to the 21st century. and then the third thing i would say, the fourth thing i was is that school choice is the catalytic converter to accelerate these things at a faster pace to if you believe like i do that we need to move this down the field faster, charter schools, vouchers, all sorts of alternatives so parents are more engaged and we create a more open system is part of the answer to the our over 2 million students in charter schools today. thanks to the work of many people in this room. 100 school districts now have 10% or more of their public school students in charter schools. louisiana this last year passed sweeping scholarship, sweeping scholarship program for low performing schools. kudos again to the center for job well done. and many other states are looking at it. and i wou
as a result of paying it earlier. >> adelson loses in the election so he realizes rates are going higher so he pays a special -- >> i don't know what the numbers add up to. he spent over -- how many millions did he spend? >> for investors that want to catch the next one, it's a shot in the dark to know who will be -- we're kind of running out of time here. >> the clock is ticking. >> go to one where you have grandkids relying on the dividend. anyone out there? >> it's great point. >> generation skip? >> walton grandkids, $800 million a month in dividends. >> how do you spend all that? >> i don't know. >> but brown forman is a fantastically performing -- a real winner. you may know this as jack daniels. very successful -- very successful growth company. as has bean. these are very, very cash flow spewing companies and they're giving it to you. i love it. i really do. >> it's amazing. >> we talked about it so long ago after the election you started to see it pop one after another. walmart setting the tone. >> returning capital to share holders is a theme. adt as well increasing its share repurch
roosevelts election derailed from the depression. >> gretchen: stewart varney went back to the 30s and fast forward here. >> not just me. first year of fdr's second term was 1937 and it was a terrible year for the economy. dow jones industrial was cut in half . unemployment 15 percent and it was a depression within the big depression of the 1930s. is the parallels between then and now. fdr raised taxings. president obama is going to raise taxes. many of the big themed policies of the first term of fdr were implemented in the second term. same with president obama and think obama care and financial reform . attacking wall street as the villian. president roosevelt did that . wall street was the villians and shades of that exactly. 2013 president obama wall street is the villiage and then the rearrangement of society. fdr tried to do it. and president obama is doing it and run away government spending. parallels are there and hope it doesn't work out like it did then. >> we want all americans back to work. and back in the 30s industrial plummeted 34 percent in the first year of the second ter
with the president. the election is over, but the economy and fiscal problems of the past several years have only gotten worse. it is time for the president to present a plan that rises above these reckless and radical voices on the hard left, that goes beyond the talking points of the campaign trail, and that has a realistic chance of passing the congress. the time for campaigning is over. it is time for the president to lead. a little over a week ago, i attended a meeting with the president at the white house that was positive and productive. afterwards, i was confident that all sides were eager to figure out a solution to the challenges. as i've said repeatedly, the only person in america who can make or break it is the president himself. he is the only one that can lead his party to do something they would not ordinarily do, to do what is actually needed now, and that is why he has to present a plan for success. we will continue to weigh on the president and hope he has what it takes to bring people together and forge a compromise. if he does, we will get there and it will be done. if not, we
for having me. >> ahead, the democratic process left to the flip of a coin. the election that was decided by a coin toss. that's next. >>> plus, you want to be danica patrick? now is your chance. virtually at least, with a new racing game, and she's here with a live preview. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. alriwoah! did you get that? and...flip! yep, look at
quickly rose to be the voice of democracy in burma, creating the national league for democracy. elections followed in 1990, where her party won 80% of the seats. that joy quickly turned to tragedy. the military junta nullified the election and arrested aung san suu kyi. she would spend the better part of two decades under house arrest, unable even to visit her dying has been -- husband. in 1996, i recall being approached to sponsor a burma sanctions bill. sanctions were only loosened in july of this year. senator mcconnell later became one of aung san suu kyi's chief advocates in the senate and we continued to work on behalf of the people in burma. in 2003, following an assassination attempt, senator mcconnell and i worked to pass an important and that remains in place today, an effort to bring about further reform. and i must say, burma is extremely lucky to have a champion mike aung san suu kyi. in the face of violence, harassment, intimidation, she has never wavered in her pursuit of human rights. she celebrates the release of political prisoners, including the approximately 90 release
think president obama was elected to make the hard costs. host: what you mean? caller: he was elected to make a choice for the country. the majority of the country. the republicans are wrong and he is right. and i think that he should let us what the fiscal cliff because the republicans are scrambling out trying to change everything. they need to mow them out. and change it then. but i think they should let them go off the cliff. host: are you on medicare and social security? having yes. cliff wranglers way medicare age. can the country afford to continue on this road? paying what we pay for medicare? caller: we can afford it but it is a necessary evil. we have got to of the people stand firm and put the country back on a track that everyone can understand it. there will not be any blind stops. because this is what we have got to do and we should do it. and i think that president obama should let it happen. host: raise taxes on everyone or those who make more than $250,000 a year? caller: on everyone. it is fair. we lived through a bush. i think we can live through this. host: ok. tha
, yeah. larry, what are you going to buy here? >> look at the market since the election. in fact, global stock markets are flat. u.s. stocks are down 2%. that's like nothing. so basically what's happening is this fiscal cliff is holding down a market that's being boosted by what steve said, better economic numbers, not just in the u.s. china's bottom is going up. we've seen better pmi numbers in europe. monetary expansion is pushing asset spriess up. so again, if you believe there's going to be resolve, and it could well go down. i actually think there will be bigger buying opportunities if you go through december 31st with negative rhetoric into the new year. that's when things get really nasty here. i don't learn anything from the sound bites from senator reid or boehner or anybody else. these are just negotiations going on. >> all right. >> unfortunately in public. that's my point. >> that's how it's always done. you are so hopeful, bill. >> larry, steve, i'll see you later. >> it's charming, bill. just charming. all right. we have -- >> that's a code word on her part, by the way. >>
. >> although the president is in a position, he's not running for re-election again, kind of look at things -- >> he's in a position of compromise you would think. 2014, if you can get a democratic house, then you can consolidate everything and you can get a democratic house how? by making them -- >> by saying the republicans are -- >> obstructionists, blah, blah, blah. >> and then you play for the last two years. >> playing to just consolidate all your redistribution. >> i get it, but also a tough way to play the game. >> did you see drudge? >> i did. >> bush 3. >> jeb bush talking about 2016. >> and then christy -- >> already talking about 2016. >> we are. and christie is getting his re-election campaign ramped up. he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech
's completely counter productive. the election is over. he won. congratulations. and we have got a hard deadline here, however, and it's still he he is still out on the campaign trail, kind of celebrating. >> shepard: if the president and congress cannot cut a deal by new year's day. automatic spending cuts kick in along with the expiration of tax cuts for just about everybody else. we have team fox coverage tonight. mike emanuel on capitol hill. first, let's get to ed henry at the white house tonight. it sounds like the president is making a shift in his strategy. >> that's right, shep. today the president suggested that rather than doing this all as one big grand bargain as we have heard before where you deal with spending and taxes, all at the same time. he suggested that he wants to see taxes go up for the rich. middle class tax cuts get extended for the middle class and then we will back and deal with spending cuts next year. >> and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits it, to streamline our tax system. to do it in a ba
biden will meet with mexico's president-elect today. pena kneeate toe has a new message. in an editorial in "the washington post" he said the u.s./mexico relations need to go beyond drugs and security concerns. topping his list, deepening economic ties with the united states. >>> the remains of former palestinian leader yasser arafat were exhumed this morning from a mausoleum in the west bank. many palestinians believe that arafat was poisoned by israel when he died in 2004. now, an international team of scientists will analyze tissue samples to see if they contain any traces of a radioactive substance. the actual cause of arafat's death was never determined. >>> the egyptian people taking to the streets to mourn the death of a 16-year-old activist. and to voice their opposition to president mohamed morsi and the muslim brotherhood. this ireport showing protesters as they carried the teenager's casket through tahrir square to a cemetery. moresy's edict that the supreme court cannot overturn decisions he's made since coming into office in june or over the next six months is meeting a lot
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